Apr 6, 2024 | Weekly Cache
Markets closed the week rebounding from intra week loses. For the week, Dow Jones lost 2.3%, S&P 500 fell 0.95%, Nasdaq composite declined 0.8%. Rubrik files to go public as tech companies see a thawing of IPO market. Chipmaker Cerebras Systems is targeting a...
Mar 30, 2024 | Weekly Cache
Thursday was the last trading day in Q1, which saw S&P 500 up 10.2%, its best Q1 since 2019. Dow Jones gained 5.7%, its strongest Q1 since 2021. Nasdaq was up 9.2%. For the week, S&P 500 was up 0.4%, setting an intraday all-time high Thursday. Dow Jones...
Mar 23, 2024 | Weekly Cache
The market had another strong week, buoyed by a dovish Fed, bullish AI prospects and a couple positive IPO debuts. Major indexes performed well, hitting record highs, and then backing off Thursday’s intraday highs. For the week, Dow Jones was up 2%, S&P 500...
Mar 16, 2024 | Weekly Cache
Markets remain at a crossroads. After seemingly poised to set new highs Tuesday, major indexes pulled back Friday. Dow Jones closed the week marginally down, S&P 500 lost 0.1%, Nasdaq composite lost 0.7%. Telegram is nearing profitability and is considering a IPO,...
Mar 9, 2024 | Weekly Cache
Last week, Dow Jones fell 0.9%, S&P 500 lost 0.3% and Nasdaq Composite was down 1.2%, after reversing from record highs on Friday. Astera Labs said it plans to raise up to US$534 million from its IPO as the eight-year-old server component startup looks to benefit...
